Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai by Cancer Patients Aid Association - 372/2002 - Income Tax

Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had specified for Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai by Cancer Patients Aid Association NOTIFICATION NO. 372 Dated 9th December. 2002 S.O. 1280(E) - Whereas by notification of the Government of India in the Ministry of Finance number S.O.180(E) dated the 10th March, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 6, for (a) Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai, Maharashtra, and (b) Cancer Awareness, Education and Detection Camps; at Ahmednagar, Nanded, Buldana, Parbhani, Akola, Amravati, Yavatmal, Jalgaon, Dhule, Beed and Mumbai, Maharashtra, by Cancer Patients Aid Association, 5, Malhotra House, Fort, Mumbai-400001, as an eligible project or scheme for a period of three years beginning with assessment year 1997-1998 which was extended further vide notification number S.0.638(E) dated 5th July, 2000 for a period of three years beginning with assessment year 2000-2001; And whereas the said project or scheme is likely to extend beyond six years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11 M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of (a) Renovation of building, equipments and furnishing of Cancer Detection Unit at Mumbai, Maharashtra; and (b) Cancer Awareness, Education and Detection Camps; at Ahmednagar, Nanded, Buldana. Parbhani, Akola Amaravathi, Yavatmal, Jalgaon, Dhule, Beed and Mumbai Maharashtra, which is being carried out by the Cancer Patients Aid Association, 5, Malhotra House, Fort Mumbai-400001, at the estimated cost of rupees three crores sixty-five lakhs sixty seven thousand only, as an eligible project or scheme for a further period of three years commencing from assessment year 2003-2004. Sd/- (G.C. Srivaatava) Secretary (National Committee) F.No.NC-113/2002